Role Of Elderly Work Skills On Business Success: Role Of Outsourcing Capabilities On Its Success

Abstract

Wijittra Srisorn.

Several studies carried out in the field of business success and role of skills was examined, however, the role of elderly work skills was not examined in business success. Few studies are available in the literature mentioning the role of elderly skills, however, in rare cases any study formally documented the role of elderly work skills in business success. Along with the elderly work skills, the current study also examined the role of outsourcing capabilities. Data were collected from the old age businessmen from Thailand. 600 questionnaires were used for data collection and data were analyzed by using a statistical software. Results of the study revealed that elderly skills such as previous experience, market knowledge and work effectiveness have major role in business success. Previous work experience has positive effect on business success. Moreover, market knowledge also shows positive role to promote business success. Finally, work effectiveness has positive effect on business success. Additionally, outsourcing capabilities also has positive effect on business success